finance questions


Covid-19 - Are you still lending?

Many businesses are still looking to purchase equipment, carry out refurbishments or simply need a cashflow injection in these worrying times. If you are looking for a longer term solution, we have several funders who are offering 3 and 6 month deferred term loans. 

You can Apply Now or Contact us

Covid-19 - Can I get a Payment Holiday

Our funders have put solutions in place to help you through this difficult period and are offering payment holidays with no penalties.
If you need some breathing space with your repayments, it is important that you don't cancel your direct debit! This will cause more complicated issues for you and ultimately affect your credit score in a negative way.

Please let us know if you wish to discuss a payment holiday and we will put you in touch with the correct person to assist you.

Contact us here

Who Can Medifinance Help?

As specialist lenders to the healthcare sector, we have long-standing relationships & first-hand experience within the Dental, Vet, Chiropractic, Pharmacy, Optical & Cosmetic sectors. However, we are pleased to be able to offer borrowing opportunities to all professionals offering us eligible credential

What Applications will Medifinance Consider?

We can offer financial options for a whole range of borrowing needs. The most common reasons for applying are;

  • Purchase of new equipment
  • Refurbishment or renovation of premises
  • Tax bill payment
  • Vehicle purchase
  • Commercial mortgage
  • Practice or Pharmacy purchase
  • Personal loan
  • Business partnership buy in
What Makes Medifinance Unique?

Although we have access to a wide panel of lenders, we are a completely independent company

Due to our use of technology we can cut down on paper-work & red tape

We offer a personal, confidential service. You will deal with the same experienced team member throughout your application to guarantee a smooth & efficient process

We will use our extensive experience to ensure that we can build a bespoke solution for you, with the most competitive rates on the market

How Much Can I Borrow?

For personal loans, we will consider applications from £2,000 to £35,000 over 6 months to 5 years

For business loans, HP or leasing options we will consider applications from £2,000 to £150,000 (as a guideline only) per equity partner over 6 months to 7 years

For Practice or Pharmacy purchases we can arrange medium to long term finance; Goodwill loans up to 15 years & Freehold loans up to 25 years.

Due to our enviable position in the lending market we can offer rates tailored to your individual circumstances. We can often offer funding without a deposit & from 1 to 7 years fixed monthly repayments

Do I Need Any Guarantees?

Guarantee’s are decided on a case by case basis, however personal guarantees are usually required for limited companies

How Quickly Can You Pay Out?

Short term funding; From application to received funds we can pay out very quickly;

For personal loans, we can pay out within 24 hours (Mon-Fri)
For business loans, we can pay out within 3 days (Mon-Fri)